The UK’s second largest privately-owned house builder lifted revenue to £1.16bn in the year to 31 March 2026 from £1.15bn previously, while pre-tax profit increased to £93m from £91m.

Housing completions jumped 18% to 3,329 homes from 2,811 a year earlier, with around two-thirds of all homes delivered being affordable through its partnerships business.

The strong performance came despite delays to several London high-rise projects caused by lengthy Building Safety Regulator approvals.

Founder and group chief executive Andy Hill said: “In a restrained market, we have continued to increase turnover, profit and completions while investing in future opportunities.

“Our contracting business continues to expand, and we remain confident in long-term demand for the high-quality homes that Hill has always been known for.”

The builder ended the year with net assets of £493m and net cash of £129m, while increasing land and work in progress holdings to £734m as it continued investing heavily in future development opportunities.

Hill invested £55m in new land during the year and has committed a further £44.1m. It now controls a development pipeline of more than 42,000 homes, including 10,800 with planning consent, giving it the potential to generate around £14.5bn of future revenue.

Its contracting order book also grew to more than £5.6bn from £4.8bn a year earlier.

A major boost to the pipeline came after the year end with Hill’s landmark acquisition of the 700-acre Cambridge East site alongside Homes England’s National Housing Bank.

The scheme, the largest land deal in the group’s history, will deliver more than 10,000 homes alongside 3m sq ft of commercial space, schools, healthcare facilities and public green space.

Hill said the deal marked its evolution into a master developer.

“2026 also marks the launch of our new five-year plan, which will see our business double in size to £2.3bn turnover by 2030 and our profits grow to over £200m.”